AICPIN for the month of September 2016

AICPIN for the month of September 2016
Written By Admin,PoTools on Nov 1, 2016 | 10:32 AM

The All-India CPI-IW for September, 2016 decreased by 1 point and stood at 277

BANK STAFF DA GOES UP FOR NEXT QUARTER(NOV’16 TO JAN’17) WITH 23 SLABS

All India Consumer Price Index Numbers (AICPIN)for Industrial Workers (Base 2100=100)for the month of September’16,stood at 277 points with a decrease of 1 point,compared to August’16 figure,as per data published to day by Labour Bureau,Ministry of Labour and Employment.

Thus the confirmed average index number for the quarter is as follows:

                                        Base 2001=100 Base 1960=100
                                        ____________ ____________

JULY’16.                         280                             6391.25
AUG’16.                          278                             6345.60
SEPT’16                          277                             6322.77
Average Index : 6353
Increase in slabs 23 (478- old 455)

As such DA payable to Bank Staff for next quarter (Nov-Jan’17)may have 23 slabs increase from existing 45.50% to 47.80%
Provided by Mohan.P